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Examining the current conditions in Dubai:
• Business Climate
• Economic Factors
• Social and Cultural Considerations
• Travel and Living Accommodations
Important Factors for BISto Consider
• 100% foreign ownership,
• No import or export duties
• Easy employee recruitment and visa options,
• Full repatriation of capital and profits,
• no exchange controls,
• full intellectual property protection
Benefits of Doing Business in Dubai
• Very diverse population
• Islam is the official religion
• Arabic is the official language
Social and Culture Climate
Facts about Dubai Metro
• 6 minutes frequency of trains in any direction during peak hours
• 8 minutes frequency of trains in any direction during off peak hours
• 21 – stations will be operational in May 2011• 22 – trains to serve commuters• 28 – new public bus routes to be introduced for
the 10 new stations• 140,000 – passengers projected to use the
trains a day
Very difficult to own land
Government is strict in terms of land ownership
Most people prefer apartment rental
$1200 usd for one bedroom apartment
$3000 usd for larger villa
http://www.railway-technology.com/projects/dubai-metro/specs.html.2010
http://gulfnews.com/business/shipping/dubai-traffic-woes-inflict-losses-of-dh4-6b-a-year-1.75892.2008
http://dubaimetro.eu/construction-technology/4971/all-29-red-line-stations-on-dubai-metro-ready.2010
http://www.indigoguide.com/dubai/real-estate.htm.2009
http://blog.communicaid.com/cross-cultural-training/benefits-of-doing-business-in-the-uae/
http://www.expatforum.com/articles/cost-of-living/cost-of-living-in-dubai.html. 10.Aug.2009
http://www.setupdubaibusiness.com/dubai-free-zone.html.2008
http://eyeofdubai.com/v1/dubaiguide/dubaifreezones.asp.2011
http://www.2daydubai.com/pages/dubai-economy.php.2010
Works Cited